Form 4: WEC Energy Group EVP and CFO Xia Liu Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Xia Liu, EVP and CFO of WEC Energy Group, reports acquiring phantom stock units under the company's Nonqualified Retirement Savings Plan.
Summary
- On March 5, 2025, Xia Liu, the EVP and CFO of WEC Energy Group, acquired 1,041.4196 phantom stock units.
- The acquisition was made under the WEC Energy Group, Inc. Nonqualified Retirement Savings Plan (NQRSP).
- The price of the phantom stock units was $104.47.
- Following the transaction, Liu directly owns 4,443.4336 phantom stock units.
- These phantom stock units will be settled following Liu's retirement or termination of employment.
- Some phantom stock units were accrued through a dividend reinvestment feature of the NQRSP.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation.
Future Outlook
The phantom stock units will be settled upon the reporting person's retirement or other termination of employment.
Industry Context
This is a routine disclosure related to executive compensation and is common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Xia Liu acquired phantom stock units. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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